ABNB Has Been Given Its Q1 2020 EPS Estimates

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ABNB
ABNB

Several analysts working at Wedbush have already provided estimates into the earnings of ABNB in a 22nd April research report. J. Hardiman, one of the major analysts from Wedbush has also offered predictions into the EPS estimates of the company- with the prediction set at $1.17- a decrease from the previous estimate of $1.20. Currently, the company has a rating of neutral. 

The Quarterly Estimates Of ABNB

ABNB did publish their previous quarterly updates on the 24th of February. The EPS reported by the company during this period was $10.84, which was more than the consensus estimate of $9.18. The revenue earned by the firm over the quarter was $859.26 million, which is quite an increase from the consensus estimate set at $740.79 million. 

There have been quite a few research equities that have commented on the stocks of ABNB. Piper Sandler has also increased the price target of the company from $182 to $198 with a rating of overweight in a 4th March research note. DA Davidson has also increased the price target from $172 to $210 with a rating of buy in a 4th March research report. JMP Securities has also put up a rating of “outperform” with a price target set at $180 in a 4th January research note. Tigress Financial has also given the company a rating of “buy” in an 8th January research report. 

Two of the investment analysts covering the firm have given it a rating of sell, while twenty-one others have given the company a rating of hold. Thirteen other analysts have also given the company a rating of buy. Currently, ABNB has a hold rating with a $174.62 price target.